The Federal Reserve is finally admitting that not all the big banks are healthy: Bank of America won't get to pay increased dividends. But none of those financial giants should be allowed to, and a logical look at the reasons they say they want to dole out the cash makes it totally clear why.

Though the job market remains challenging, for one group, the labor market was at its steadiest of the year last month. The number of chief executives departing their jobs fell to 79 in November, the lowest monthly number of 2010, according to job-services firm Challenger, Gray & Christmas.

The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporate chiefs, appears to be stabilizing.

Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as "de-partnering."
Only 375 or so of Goldman%u2019s 35,000 employees are partners, The New York Times reported. Winning partnership can be seen as a ticket to permanent success, with former partners including former Treasury Secretaries Henry Paulson and Robert Rubin.